I'm hoping to lease the new E90 330i ED that I ordered, but the residual and money factors (MF) have not been released....so i'm kinda stuck agreeing to the ED but i have no protection against BMWFS charging me an unreasonably high MF....
so any advice on how I can negotiate this deal? Basically, how can i leverage/protect myself when negotiating on the finance if I have already agreed to buy the car via ED...?
-wajih
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| Reply » ED e90 Leasing, how to negotiate the Money Factor (MF)? |
Quote: I'm hoping to lease the new E90 330i ED that I ordered, but the residual and money factors (MF) have not been released....so i'm kinda stuck agreeing to the ED but i have no protection against BMWFS charging me an unreasonably high MF....
so any advice on how I can negotiate this deal? Basically, how can i leverage/protect myself when negotiating on the finance if I have already agreed to buy the car via ED...?
-wajih | I'd suggest you negotiate with your dealer for the base rate..meaning dealer is making no profit on the money factor. When BMW publishes their base rates for the e90, you will get that rate. Don't expect it to be a great rate since the e90 is brand new, but at least you'll know there is no dealer markup in the money factor. Don't forget to negotiate the acquisition fee as well. $650 is base rate for that.
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| Reply » ED e90 Leasing, how to negotiate the Money Factor (MF)? |
Quote: I'm hoping to lease the new E90 330i ED that I ordered, but the residual and money factors (MF) have not been released....so i'm kinda stuck agreeing to the ED but i have no protection against BMWFS charging me an unreasonably high MF....
so any advice on how I can negotiate this deal? Basically, how can i leverage/protect myself when negotiating on the finance if I have already agreed to buy the car via ED...?
-wajih |
Money Factors have been released last week.
2006 MODELS
325i Sedan
24 mo/15k mi – 72% Residual Value – Money Factor .00265 Base Rate
36 mo/15k mi – 61% Residual Value – Money Factor .00265 Base Rate
48 mo/15k mi – 48% Residual Value – Money Factor .00265 Base Rate
60 mo/15k mi – 39% Residual Value – Money Factor .00265 Base Rate
330i Sedan
24 mo/15k mi – 68% Residual Value – Money Factor .00265 Base Rate
36 mo/15k mi – 58% Residual Value – Money Factor .00265 Base Rate
48 mo/15k mi – 45% Residual Value – Money Factor .00265 Base Rate
60 mo/15k mi – 37% Residual Value – Money Factor .00265 Base Rate
http://www.bimmerfest.com/forums/showthread.php?t=93618
Acq fee is 625.
As for negotiating a deal, best you can do is a price over ED invoice and that's about it. You want a car that is brand new, BMWNA will not be spending their money subsidizing the leases on the new 3 series for a while.
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| Reply » ED e90 Leasing, how to negotiate the Money Factor (MF)? |
How willing is BMWNA to negotiate the end-lease residual value?
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| Reply » ED e90 Leasing, how to negotiate the Money Factor (MF)? |
Quote: Money Factors have been released last week.
2006 MODELS
325i Sedan
24 mo/15k mi – 72% Residual Value – Money Factor .00265 Base Rate
36 mo/15k mi – 61% Residual Value – Money Factor .00265 Base Rate
48 mo/15k mi – 48% Residual Value – Money Factor .00265 Base Rate
60 mo/15k mi – 39% Residual Value – Money Factor .00265 Base Rate
330i Sedan
24 mo/15k mi – 68% Residual Value – Money Factor .00265 Base Rate
36 mo/15k mi – 58% Residual Value – Money Factor .00265 Base Rate
48 mo/15k mi – 45% Residual Value – Money Factor .00265 Base Rate
60 mo/15k mi – 37% Residual Value – Money Factor .00265 Base Rate
http://www.bimmerfest.com/forums/showthread.php?t=93618
Acq fee is 625.
As for negotiating a deal, best you can do is a price over ED invoice and that's about it. You want a car that is brand new, BMWNA will not be spending their money subsidizing the leases on the new 3 series for a while. | Thanks for the numbers. Is this including the .0003 surcharge for ED? Does that still exist?
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| Reply » ED e90 Leasing, how to negotiate the Money Factor (MF)? |
Quote: | Thanks for the numbers. Is this including the .0003 surcharge for ED? Does that still exist? |
No..you have to add the .0003 surcharge on top of the base rate.
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ED e90 Leasing, how to negotiate the Money Factor (MF)?